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Home / Metal News / What is the Profit Profile for the Fourth Batch of Government Stockpiles of Zinc Ingots?

What is the Profit Profile for the Fourth Batch of Government Stockpiles of Zinc Ingots?

iconOct 9, 2021 13:32
Source:SMM
The public bidding of zinc ingots by the National Food and Strategic Reserves Administration commenced at 9:00 today.

SHANGHAI, Oct 9 (SMM) - The public bidding of zinc ingots by the National Food and Strategic Reserves Administration commenced at 9:00 today.

The specifications of zinc ingots this time are mainly #0, which are the mainstream brands, including Zhuye, Chihong, Baiyin, Yuguang, Hong Ye and others. The sales of Zhuye and Baiyin account for over 50% of the total, which can meet the needs of various downstream producers. The transaction prices for some brands tracked by SMM are as follows:

#0 spot prices stood at 22,930 yuan/mt yesterday.

zinc ingot
government stockpiles
bidding
spot price

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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